Question 29 (2 points) On July 31, Tractor Supplies sold merchandise to J. Robson on account. The sales price was $8,400, and the cost of goods sold was $6,300. The sales revenue was recorded immediately, but the entry recording the cost of goods sold was dated August 2. As a results, net income for July was overstated by $8,400. overstated by $6,300. I overstated by $2,100. not affected, but the net income for August is understated. Question 30 (2 points) Revenues $7,000 Expenses Salaries and Wages Expense $3,000 Rent Expense 1,000 Advertising Expense 800 Supplies Expense 300 Insurance Expense 100 Total expenses 5.200 Net income The income statement for the month of June, 2013 of Camera Obscura Enterprises A 12 80 F3 GOD 600 " F5 $ 94 #3 E MacBook Pro F6. g: FT 7 8 % 85 5 A 6 & R T Y U Dil C 10 P